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Harrys Manufacturing Inc. (C:HARY)

Business Focus: Cigars & Cigarette Manufacturing

Sector:  Consumer Non-Cyclicals Industry:  Tobacco
 
Company Contact
Address: 1055 West Georgia Street, Suite 1500
VANCOUVER BC V6E 4N7
Tel: N/A
Website: harrysmfg.com
IR: See website
Key People
Nicholas G. Brusatore
President, Chief Executive Officer, Interim Chief Financial Officer, Director
Ken Storey
Executive Vice President of Sales and Marketing, Director
Byron Striloff
Corporate Secretary, Director
Business Overview
Harrys Manufacturing Inc. is a Canada-based marketer of tobacco products designed to satisfy the preferences of adult Canadian tobacco consumers. The Company is focused on the legal sales and distribution of value-priced, tobacco cigarettes made in Canada. Its products include cigarettes and tobacco ingredients. The Company's cigarettes are made from leaves of Virginia tobacco without any additives. The Company's wholly owned subsidiary is Harrys International Manufacturing Inc. (HIMI).
Financial Overview
For the three months ended 31 October 2023, Harrys Manufacturing Inc revenues increased from C$0K to C$7K. Net loss decreased 99% to C$2K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Management fees decrease of 82% to C$15K (expense), Loss on conversion of convertible debt decrease from C$31K (expense) to C$0K.
Reporting Currency: Canadian Dollars
Enterprise value: $2.46M as of Oct 31, 2023
Annual revenue (TTM): $0.04M as of Oct 31, 2023
EBITDA (TTM): -$0.53M as of Oct 31, 2023
Net annual income (TTM): -$0.49M as of Oct 31, 2023
Free cash flow (TTM): -$0.30M as of Oct 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 99,335,125 as of Oct 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization